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Alias Born 05/21/2005

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Sunday, 05/22/2005 2:46:41 AM

Sunday, May 22, 2005 2:46:41 AM

Post# of 15765
OT: Hey guys, help me out here if you would be so kind...

I'm new to making limit orders, and have a question about if I place an order over the weekend on a brokerage site, which is to be filled on Monday, should I set the limit price to the currently closed "ask", or should I set it just above that? When trading begins on Monday (for any particular stock), would it start out at the last closing ask, and therefore my order gets filled, or could it start above the last closing ask, risking the chance that my order isn't filled?

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